Arroyo Energy Investment Partners, a Houston-based independent investment manager focused on power and energy infrastructure assets in North America and Chile, has set a target of $900 million for its Arroyo Investors Fund V, according to an investor presentation viewed by The Wall Street Journal. The fund will back midsize operators of power-generation and industrial fuel infrastructure.
Arroyo typically invests in operators of energy infrastructure assets that are located near consumers, such as liquefied natural gas facilities and dedicated power generators, according to the presentation. The firm favors investments in projects that are already operating or are reaching completion, rather than building them from scratch, The Wall Street Journal noted.
The fund’s predecessor, Arroyo Investors Fund IV, and affiliated vehicles closed in July 2025 with more than $1 billion in commitments. Fund IV was a continuation of Arroyo’s strategy of acquiring
